coromandel international (Emkay) Results disappoint on margins

Q4 FY11 results disappointed on lower sales volumes; EBITDA margins declined due to lower operating leverage; APAT Rs 404 mn adjusted for bond loss, RPAT Rs 726 mn; Downgrade FY12E estimates by 8%, maintain BUY
Date Rating Target Price Recommendation Price Broker house
25 Apr 2011 buy 435 324 Emkay Report

No comments:

Post a Comment